What do people think of the simple rule of thumb that one's net worth should be on average
( <one's age> x <realized pre tax taxable annual income from all sources except gifts and inheritances> ) / 10
and that to be considered "wealthy" you should have net worth at least double the above figure?
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Here’s how you can be ‘The Millionaire Next Door’, page-2
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Peter Batten, MD
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